Twilio Inc. (NYSE:TWLO) Shares Sold by Graham Capital Management L.P.

Graham Capital Management L.P. lessened its holdings in Twilio Inc. (NYSE:TWLO - Free Report) by 51.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 52,247 shares of the technology company's stock after selling 55,539 shares during the quarter. Graham Capital Management L.P.'s holdings in Twilio were worth $5,647,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TWLO. JFS Wealth Advisors LLC grew its position in shares of Twilio by 244.0% during the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company's stock valued at $41,000 after acquiring an additional 266 shares during the period. Parkside Financial Bank & Trust lifted its position in Twilio by 79.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company's stock valued at $41,000 after purchasing an additional 166 shares in the last quarter. Centricity Wealth Management LLC purchased a new stake in Twilio in the fourth quarter worth about $44,000. Private Trust Co. NA raised its stake in shares of Twilio by 395.6% in the fourth quarter. Private Trust Co. NA now owns 451 shares of the technology company's stock worth $49,000 after buying an additional 360 shares during the period. Finally, Murphy & Mullick Capital Management Corp purchased a new position in shares of Twilio during the 4th quarter valued at about $75,000. Institutional investors own 84.27% of the company's stock.

Twilio Trading Down 0.2%

Shares of TWLO traded down $0.25 during midday trading on Thursday, hitting $114.04. The stock had a trading volume of 3,068,993 shares, compared to its average volume of 2,665,718. Twilio Inc. has a 1 year low of $52.51 and a 1 year high of $151.95. The firm has a market cap of $17.41 billion, a PE ratio of -178.19, a price-to-earnings-growth ratio of 4.30 and a beta of 1.44. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. The stock's 50 day moving average is $96.15 and its 200 day moving average is $106.90.

Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The technology company reported $1.14 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.22. The firm had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.14 billion. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The business's revenue for the quarter was up 12.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.80 earnings per share. As a group, analysts forecast that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Khozema Shipchandler sold 12,056 shares of the firm's stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $95.88, for a total value of $1,155,929.28. Following the sale, the chief executive officer now directly owns 295,134 shares in the company, valued at approximately $28,297,447.92. This trade represents a 3.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Aidan Viggiano sold 7,524 shares of Twilio stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $95.88, for a total transaction of $721,401.12. Following the completion of the sale, the chief financial officer now owns 176,640 shares of the company's stock, valued at $16,936,243.20. This trade represents a 4.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 23,471 shares of company stock worth $2,344,149 in the last three months. Corporate insiders own 0.21% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Barclays lifted their target price on shares of Twilio from $120.00 to $140.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. Robert W. Baird lowered their price objective on Twilio from $160.00 to $130.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 30th. Needham & Company LLC cut their target price on Twilio from $165.00 to $125.00 and set a "buy" rating for the company in a research report on Tuesday, April 29th. Mizuho lowered their price target on Twilio from $165.00 to $125.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. Finally, Baird R W upgraded Twilio from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $124.41.

Twilio Company Profile

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.